Pro Global expands in Latin America

Pro Global Holdings has expanded its presence in Latin America with the opening of a new office in Sao Paulo, Brazil, adding to its existing headquarters in Buenos Aires, Argentina as well as representative offices in Puerto Rico, Peru and Colombia.

The new Brazil office will offer services to the local re/insurance community across Pro’s underwriting, claims, technical accounting, auditing and outsourcing verticals.

It has gained its first third party authority (TPA) run-off project for international legacy specialist Quest.

Brazil office manager Juan Pablo Bragadin, who has been a Pro representative in Brazil since 2015, will report to Martin Smith, Pro’s head of Latin America.

Smith said: “I’m delighted to be announcing the further expansion of our Latin American capabilities into Brazil, where we have had a representative office since 2015 and have now formalised our presence with our own office. Juan and his team will continue to grow Pro’s capabilities in the largest re/insurance market in the region, supporting our clients with expert local insight as they adapt to remote working conditions and navigate wider economic challenges and a rapidly developing regulatory environment.

“There is no one size fits all approach to the re/insurance markets in Latin America – each country has different regulations and cultural approaches to conducting insurance business, as well as their own macroeconomic challenges, that make having local expertise critical to supporting clients on the ground.

“We are laser focused on supporting our clients in managing their outsourcing requirements. With thanks to more electronic and digital processing we are able to improve processes, workflows and productivity as well manage legacy portfolios promptly and efficiently.”